American Qatari French Trading & Contracting Co (AFQCO)

The Qatari construction market is expected to register a CAGR of 9.6% over the forecast period, 2019-2024.

• Qatar is expected to be among the fastest-growing global construction markets during the forecasted years, with robust growth forecasts as the government works to meet its significant infrastructure requirements. AFQCO
• The country’s construction industry is expected to benefit from investments made in preparation for the 2022 FIFA World Cup and Qatar National Vision 2030.
• The construction sector will be primarily driven by public investment into the country’s transport and commercial construction sectors. The main trends in the construction sector remain to develop Qatar’s transport infrastructure, create a modern residential and hospitality environment to support the predicted increase in population and to create a range of world-class sporting venues.
• Despite potential headwinds stemming from the decline in regional political relations, the outlook for Qatar’s construction market will remain bright in the forecasted period.
• There are numerous large-scale infrastructure projects underway in preparation of the FIFA 2022 World Cup in Qatar. This includes stadium and other non-residential construction and also entails significant investment in the expansion of the country’s road and rail network, as well as other infrastructure capacities that are necessary to ensure the smooth functioning of the World Cup.
• More broadly, the government has also committed to the improvement of greater health and education services and is keen to develop the tourism market, which creates a wide range of opportunities in the construction sector. AFQCO
• In 2018, the Qatari construction sector witnessed a high growth rate, as the government spent more than 47% of the national budget on major infrastructure projects. Qatar had announced plans to spend USD 5.94 billion on infrastructure and development projects during 2018, including expressways and local road projects besides sewage treatment plants and assets projects.
• Ashghal, Qatar’s public works authority, will implement 19 infrastructure projects in 12 areas of the country. In 2018, Ashghal intent to complete expressway projects worth QAR 11.08 billion, infrastructure, and local road projects worth QAR 8.88 billion and sewage treatment projects valued at QAR 1.84 billion. In addition, 90% of World Cup-related projects are slated for completion this year. AFQCO
• In recent times, a number of actions and decisions taken by the government, including the opening up the economy to foreign markets and investors and building global partnerships for economic diversification and sustainable development will further strengthen and embolden the investor’s confidence in the Qatari economy in general, and real estate market in particular, during the forecasted period.

List of Clients (Costumers):

• Abdulghani & Cardahi Construction & Installation (QCT)
• ALCAT Contruction & Contracting Co.
• AL Jaber Trading Company
• Al Sahaba Contracting
• Al Sarh Trading and contracting Co. WLL
• American French Qatari Construction Company (AFQCO)
• Ammico Contracting & Trading
• Arabtec Construction Co. WLL
• Aswan Trading & Contrg. Co.
• ANTICO Trading and Contracting Co.
• Baytur Construction and Contacting Co.
• Boom Construction Co. WLL
• Combined Group for Trading and Contracting
• ContraCo W.L.L.
• FERNAS Construction Co.
• Galfar Al Misnad Eng. & Contrg wll
• Khalid Cement Industries Co W.L.L.
• Navayuga Engineering Company WLL
• NLC (National Logistics Corporation-Pearl)
• Projects Control Systems Incorporation – PCSI (GLOBAL)
• Punj Lloyd LTD
• Qatari Arabian Construction Co.
• Qatar Alpha Beton Ready Mix Company
• Qatar Building Company
• Qatar Consolidated Transporting and Contracting WLL
• REDCO Group
• SAL Contracting & Trading
• S.C.G.G. (Shanghai Construction Group – Gulf w.l.l.)
• SIMPLEX Conc. Piles (India) Limited
• Swiss Boring Company
• TEKFEN Construction & Installation
• Vibro Qatar